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Credit score requirements for loans are higher than they have been in the past, so a good credit score is more crucial than ever. In today’s economy most lenders are looking for credit scores of 720 or higher to secure a low mortgage rate. Here Read More...
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By: Tara-Nicholle Nelson, Trulia.com A friend of mine who is generally inclined toward intellectual pursuits recently took a trip out of town on her own. As she recounted her solo hotel stay, she exclaimed that the high point of her trip was being able Read More...
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By David Parker, For the Calgary Herald April 30, 2011 An RBC Housing Affordability Measure Report showed Calgary's affordability levels are currently the best they've been in six years, but that could be short-lived if mortgage rates rise. Today, Read More...
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Interest rates are at historic lows: less than 4.5% on a 30-year-fixed and below 4% on 15-year fixed rate loans. And prices are low, too - at or near bottom in most of the country. Together, these items mean that affordability is near an all-time high. Read More...
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Many people are often surprised to learn that the costs of owning a home can be substantially lower or comparable to those of renting. There are also many financing options and a wide variety of choices that can make owning a home more affordable for Read More...
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Kevin Carmichael Washington — From Wednesday's Globe and Mail Published on Tuesday, Aug. 17, 2010 7:23PM EDT Last updated on Wednesday, Aug. 18, 2010 12:47PM EDT T he longer term benefits of tougher financial regulation significantly outweigh Read More...
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Warren Buffett's NY Times Op-Ed: Buy American. I Am. setDefault('cnbc_textbody'); This is the text of an opinion piece written by Warren Buffett and published in the New York Times on Friday, October 17, 2008: Buy American. I Am. By Warren E. Buffett Read More...
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Fri 24/10/2008 The US passing of the ”emergency“ rescue package already seems so….well……….last week. As Michael Bloomberg, Mayor of New York says of Henry Paulson & his crew “Socialize the losses but privatize Read More...
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Fed Takes Overnight Rate to 1% I n June 2003 the Federal Reserve, under Alan Greenspan’s tenure, dropped its Federal Funds Rate to 1.0% - the lowest level in over 40 years. As of yesterday, overnight interest rates have come full-circle in the US, Read More...
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Mortgage defaults on the increase Real estate downturn hits homeowners and investors Colette Derworiz, Calgary Herald Published: Thursday, October 02, 2008 For years, bankruptcy trustees and credit counsellors in Calgary haven't had enough work. But Read More...
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U.S. home sales rise 5.5 per cent PATRICK RUCKER Reuters October 24, 2008 at 10:43 AM EDT WASHINGTON — Sales of previously owned U.S. homes rose 5.5 per cent last month, the biggest gain since July 2003, and the inventory of unsold homes fell, a Read More...
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Native housing to be razed Tsuu T'ina will bulldoze Black Bear Crossing Jamie Komarnicki, Calgary Herald Published: Wednesday, October 01, 2008 Two years after asbestos concerns triggered an exodus from Black Bear Crossing, Tsuu T'ina band officials Read More...
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RE/MAX Report: Canadian Prices Almost Double in Decade The past decade has been one of the best on record for housing in Canada - and RE/MAX wasted no time spreading the good news. The RE/MAX Decade in Review Survey shows that average home prices nationally Read More...
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